It’s good to see L&G getting away from box-ticking attitude

I was pleased to hear last week that Legal & General and Hanley Economic Building Society were offering a two-year fixed rate deal with no credit scoring (Mortgage strategy Online).

This is excellent news. It’s about time lenders got away from the box-ticking mentality of underwriting and used proper underwriters with knowledge and experience who listen to brokers and take a balanced view of a case, instead of plucking out spurious reasons to decline cases.